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FOR
IMMEDIATE RELEASE
E
Mail: Drew@drewindustries.com
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Drew
Industries to Attend RBC Capital Markets Consumer Conference and
Sidoti
& Company West Coast Emerging Growth Institutional Investor
Forum
White
Plains, New York - Sept. 13, 2007 - Leigh J. Abrams, President and CEO of Drew
Industries Incorporated (NYSE: DW), will be meeting with institutional investors
at two upcoming investor conferences.
From
September 19 to September 20, Abrams will participate in the RBC Capital Markets
Consumer Conference held at the Ritz-Carlton in Naples, Florida.
In
addition, on September 25, Abrams will participate in the Sidoti & Company
West Coast Emerging Growth Institutional Investor Forum held at the Ritz-Carlton
Hotel in San Francisco.
A
copy of
the Company’s presentation used at these conferences is available at
www.drewindustries.com in the “presentations” section of the
site.
About
Drew
Drew,
through its wholly owned subsidiaries, Kinro and Lippert Components, supplies
a
broad array of components for RVs and manufactured homes. Drew’s products
include vinyl and aluminum windows and screens, doors, chassis, chassis parts,
RV slide-out mechanisms and power units, leveling devices, bath and shower
units, axles, bed lifts, steps, electric stabilizer jacks, ramp doors, exterior
panels, and suspension systems, as well as trailers for hauling equipment,
boats, personal watercraft and snowmobiles, and chassis and windows for modular
homes and offices. Currently, from 41 factories located throughout the United
States, Drew serves most major national manufacturers of RVs and manufactured
homes in an efficient and cost-effective manner. Additional information about
Drew and its products can be found at www.drewindustries.com.
Forward-Looking
Statements
The
press
release may contain certain “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995 with respect to financial
condition, results of operations, business strategies, operating efficiencies
or
synergies, competitive position, growth opportunities for existing products,
plans and objectives of management, markets for the Company’s common stock and
other matters. Statements in the press release that are not historical facts
are
“forward-looking statements” for the purpose of the safe harbor provided by
Section 21E of the Exchange Act and Section 27A of the Securities Act.
Forward-looking statements, including, without limitation, those relating to
the
Company’s future business prospects, revenues and income are necessarily
estimates reflecting the best judgment of the Company’s senior management at the
time such statements were made, and involve a number of risks and uncertainties
that could cause actual results to differ materially from those suggested by
forward-looking statements. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made. Forward-looking statements,
therefore, should be considered in light of various important factors.
There
are
a number of factors, many of which are beyond the Company’s control, which could
cause actual results and events to differ materially from those described in
the
forward-looking statements. These factors include pricing pressures due to
domestic and foreign competition, costs and availability of raw materials
(particularly steel and related components, vinyl, aluminum, glass and ABS
resin), availability of retail and wholesale financing for manufactured homes,
availability and costs of labor, inventory levels of retailers and
manufacturers, levels of repossessed manufactured homes, the disposition into
the market by FEMA, by sale or otherwise, of RVs or manufactured homes purchased
by FEMA in connection with natural disasters, changes in zoning regulations
for
manufactured homes, the decline in the manufactured housing industry, the
financial condition of our customers, retention of significant customers,
interest rates, oil and gasoline prices, the outcome of litigation, and adverse
weather conditions impacting retail sales. In addition, national and regional
economic conditions and consumer confidence may affect the retail sale of
recreational vehicles and manufactured homes.
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